Fairway Center II
New to Market | Institutionally Owned Office w/ 11.3 Year WALT | Brea, CA
Marketing description
EXCELLENT MARKET FUNDAMENTALS
+ RESILIENT NORTH OC OFFICE DEMAND | Users continue to favor efficient low to mid-rise product with strong parking and access, benefiting suburban Brea. The asset’s format and location align with this tenant preference.
+ CONSTRAINED COMPETITIVE OFFICE SUPPLY | High replacement costs and limited entitlement pathways in Orange County restrict new deliveries. Existing quality assets are positioned to capture demand without near term over supply pressure.
Investment highlights
Download OM here: https://bit.ly/fairwaycenter2CX
INSTITUTIONALLY OWNED OFFICE WITH UPSIDE
+ INSTITUTIONALLY OWNED OFFICE | Fairway Center II is a 3-story, low-rise office asset strategically positioned in Brea, California. The building consists of 135,308 square feet on 7.38 acres and provides above standard parking (±4.5/1,000) with an onsite parking deck.
+ IMMEDIATE LEASE UP VALUE CREATION | 39,983 SF is currently vacant across three suites, creating a compelling near-term path to NOI growth. The value creation upside is in propelling NOI from $1.57M in Year 1 to over $2.97M by Year 3.
+ TARGETABLE MARK TO MARKET UPSIDE | Several in-place suites trade 2%–10% below current market full-service gross rents of $3.05 PSF, providing organic rent lift at natural lease expirations or through blend-and-extend strategies.
INCREDIBLE OFFICE LOCATION WITH RETAIL AMENITIES AND EXECUTIVE HOUSING
+ AMENITY RICH NORTH OC LOCATION | The property sits within Brea’s premier Imperial Highway corridor, surrounded by daily needs retail, dining, and services. Nearby regional destinations, including Brea Mall and Brea Union Plaza, enhance tenant retention and leasing velocity.
+ REGIONAL FREEWAY CONNECTIVITY | Immediate access to the SR 57 places tenants within efficient reach of Los Angeles, the Inland Empire, and greater Orange County. Multiple east west alternatives via the 91 and 60 corridors expand labor and customer catchments.
+ ESTABLISHED CORPORATE ENVIRONMENT | Brea’s pro business setting and concentration of corporate operations create a deep ecosystem for professional services, technology, and public sector users. The location supports tenants seeking suburban efficiency with a Class A image.
Listing Contacts
Valuation Calculator
Valuation Metrics
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Is there information that looks off?
